CABLE
CABLE
0.96%
1,257.00
12.00
CABLE
KUWAITRE
KUWAITRE
-3.02%
450.00
-14.00
KUWAITRE
Gulf Cable and Electrical Industries will start distributing 20% cash dividends on 29 April.
The company posted a net profit worth KWD 4.55 million ($15.15 million) in 2014, compared to KWD 9.97 million ($33.19 million) in 2013.
Likewise, Kuwait Reinsurance will commence paying cash dividends as 10 fils per share as of 28 April.
The firm reported losses worth about KWD 54,210 ($182,390) in 2014, against earnings worth KWD 1.82 million ($6.12 million) in 2013.
Source:
Mubasher